 |
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|
Consolidated profit and loss account summary (a)
|
|
|
|
|
|
|
|
2000 |
1999 |
1998 |
1997 |
1996 |
|
|
£m |
£m |
£m |
£m |
£m |
|
 |
|
Interest receivable |
11,788 |
9,320 |
9,952 |
9,204 |
8,730 |
|
Interest payable |
6,635 |
4,696 |
5,604 |
5,095 |
4,825 |
|
Write-down of leases (c) |
– |
– |
(40) |
(77) |
– |
|
Profit on redemption/repurchase of loan capital |
2 |
3 |
3 |
2 |
32 |
|
|
|
Net interest income |
5,155 |
4,627 |
4,311 |
4,034 |
3,937 |
|
Fees and commissions receivable |
3,689 |
3,207 |
3,008 |
3,197 |
3,168 |
|
Less: fees and commissions payable |
(320) |
(275) |
(229) |
(218) |
(223) |
|
Dealing profits |
677 |
556 |
(42) |
361 |
382 |
|
Other operating income |
397 |
258 |
298 |
203 |
199 |
|
Life-fund charge (c) |
– |
– |
– |
(28) |
– |
|
|
|
Operating income |
9,598 |
8,373 |
7,346 |
7,549 |
7,463 |
|
|
|
Administration expenses – staff costs |
3,219 |
3,057 |
2,811 |
3,035 |
2,980 |
|
Administration expenses – other |
1,967 |
1,807 |
1,829 |
1,889 |
1,816 |
|
Depreciation and amortisation |
306 |
280 |
275 |
269 |
301 |
|
|
|
Operating expenses |
5,492 |
5,144 |
4,915 |
5,193 |
5,097 |
|
|
|
Operating profit before provisions |
4,106 |
3,229 |
2,431 |
2,356 |
2,366 |
|
|
|
Provisions for bad and doubtful debts |
817 |
621 |
492 |
227 |
215 |
|
Provisions for contingent liabilities and commitments |
(1) |
1 |
76 |
4 |
9 |
|
|
|
Provisions |
816 |
622 |
568 |
231 |
224 |
|
|
|
Operating profit |
3,290 |
2,607 |
1,863 |
2,125 |
2,142 |
|
Loss from joint ventures |
(1) |
(1) |
– |
– |
– |
|
(Loss)/income from associated undertakings |
(7) |
(13) |
22 |
16 |
23 |
|
Loss on sale or restructuring of BZW |
– |
(30) |
(3) |
(469) |
– |
|
Profit/(loss) on disposal of other Group undertakings |
214 |
(108) |
4 |
44 |
70 |
|
Write-down of fixed asset investments |
– |
– |
(4) |
(19) |
– |
|
|
|
Profit on ordinary activities before tax |
3,496 |
2,455 |
1,882 |
1,697 |
2,235 |
|
Tax on profit on ordinary activities |
944 |
644 |
520 |
520 |
558 |
|
|
|
Profit on ordinary activities after tax |
2,552 |
1,811 |
1,362 |
1,177 |
1,677 |
|
Profit attributable to minority interests |
(79) |
(52) |
(45) |
(44) |
(47) |
|
|
|
Profit for the financial year attributable |
|
|
|
|
|
|
to the members of Barclays PLC |
2,473 |
1,759 |
1,317 |
1,133 |
1,630 |
|
Dividends |
(927) |
(746) |
(646) |
(563) |
(479) |
|
|
|
Profit retained for the financial year |
1,546 |
1,013 |
671 |
570 |
1,151 |
|
|
|
Selected financial statistics
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|
|
|
|
|
|
Earnings per ordinary share |
163.3p |
117.5p |
87.2p |
74.6p |
103.6p |
|
Dividends per ordinary share |
58.0p |
50.0p |
43.0p |
37.0p |
31.5p |
|
Dividend cover (times) |
2.7 |
2.4 |
2.0 |
2.0 |
3.4 |
|
Attributable profit before tax as a percentage of |
|
|
|
|
|
|
average shareholders’ funds |
34.4% |
28.9% |
23.5% |
22.0% |
30.5% |
|
Attributable profit after tax as a percentage of |
|
|
|
|
|
|
average shareholders’ funds |
25.1% |
21.2% |
16.9% |
15.2% |
22.9% |
|
average total assets (note (b)) |
0.8% |
0.7% |
0.5% |
0.5% |
0.9% |
|
Average US dollar exchange rate used |
|
|
|
|
|
|
in preparing the accounts |
1.52 |
1.62 |
1.66 |
1.64 |
1.56 |
|
Average euro exchange rate used in preparing the accounts |
1.64 |
1.52 |
– |
– |
– |
